CEO · Founder, Seer
Stories naming Dr Dean Freestone. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Administrators confirmed a $40 million deal in which Cadwell Industries, TrialCap and Breakthrough Victoria take equity, rescuing Seer Medical from administration; the article also recalls its funding history and 2024 product recall.
Breakthrough Victoria, the Victorian government's $2bn investment fund, appoints Rod Bristow, previously Investible's CEO, as chief executive, succeeding inaugural CEO Grant Dooley. The article also recalls Seer Medical's administration.
Victorian epilepsy device maker Seer Medical has entered voluntary administration, with Pitcher Partners appointed amid a product recall and a cofounder's legal dispute; backers included Breakthrough Victoria and Cochlear.
Seer Medical's cofounder is suing the startup and investor Breakthrough Victoria over his dismissal, allegedly tied to rescue funding; the state fund also faces criticism, budget cuts and its CEO's resignation.
Seer Medical founding member Dr Pip Karoly won a 2022 Prime Minister's Prize for New Innovators for seizure forecasting research; the medtech has raised over $80 million to date.
Breakthrough Victoria announces an investment in Seer Medical, a Victorian epilepsy home-monitoring medtech, to fund workforce growth, R&D and expansion into the United States and United Kingdom.
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Weekly roundup: Seer and Open raise Series A and B rounds, Refundid, Komodo and Earth AI secure funding, Giant Leap closes $15 million for its second fund, Task is acquired for $120 million, and Birchal celebrates its 100th campaign.
Epilepsy diagnostics company Seer has raised a $34 million Series A led by Cochlear, with EWM Group, SG Hiscock and Giant Leap participating, to expand into sleep and cardiac testing and enter overseas markets.
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